China Everbright Environment Unit Completes 787 Million Yuan Green Bond Issue

MT Newswires Live

12/17

China Everbright Environment (HKG:0257) said its wholly owned unit Everbright Environmental Protection (China) has completed the issuance of its 2025 asset-backed notes series 1, raising 787 million yuan, according to a Tuesday Hong Kong bourse filing.

Shares of the environmental services provider were down more than 2% in Wednesday morning trade.

The carbon-neutral green notes have a tenor of 2.93 years, with the preferential tranche carrying an interest rate of 1.90% per annum, the filing showed.

Proceeds will be used for working capital, debt repayment, and other permitted purposes.

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